rkcrules re DNDN:
>>Could you please point me to a post where you discussed why you've decided to cut back so much? I was unaware of any significant recent news (CFO departure?).<<
I do consider the CFO’s departure significant, but I don’t want to rehash this because all angles have been covered on this board and there is nothing new to say about it.
There isn’t a specific post I can point you to. Rather, my scaling back is a consequence of profit taking after the sharp rise from the 4’s, putting money to work elsewhere (e.g. IMCL), and lingering doubt.
Events of the past six months are consistent with the 9902a survival data being excellent and DNDN’s simply being reticent. However, events of the past six months are also consistent with the 9902a survival data being mediocre and DNDN’s scrambling to control the damage. Given the uncertainty, reducing my risk seemed like a prudent choice. Regards, Dew
“The efficient-market hypothesis may be
the foremost piece of B.S. ever promulgated
in any area of human knowledge!”
